UBS Results Presentation Deck

4Q21 Group results by region Profit before tax bn Excl. provision for French cross-border matter Operating income bn Operating expenses bn Americas Cost/income ratio 0.9 +15% ↓ 1.0 4Q20 4Q21 3.9 +13% 2.9 +12% Switzerland +35% excl. provision for French cross-border matter +8% 0.6 4Q20 0.7 0.9 4Q21 2.0 +11% 1.3 +12% EMEA +43% excl. provision for French cross-border matter [(151%) 0.3 4Q20 0.4 (0.2) 4Q21 1.6 +1% 1.7 +37% Asia Pacific 0.4 +34% 4Q20 7 0.5 4Q21 1.4 +11% 0.9 +2% 75.2% +0.3ppts 65.6% +0.3ppts 109.4% +28.4ppts Excludes (0.1bn) revenues, 0.1bn expenses and (0.3bn) PBT from items managed at the Group level, such as the Non-core and Legacy Portfolio, certain litigation expenses and other items. The allocation of P&L to these regions reflects, and is consistent with, the basis on which the business is managed and its performance evaluated. These allocations involve assumptions and judgments that management UBS considers reasonable and may be refined to reflect changes in estimates or management structure. The main principles of the allocation methodology are that client revenues are attributed to the domicile of the client, and trading and portfolio management revenues are attributed to the country where the risk is managed. Expenses are allocated in line with revenues 64.7% (2.5ppts) 48

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